{"id":98244,"date":"2017-07-24T01:47:22","date_gmt":"2017-07-23T23:47:22","guid":{"rendered":"http:\/\/www.arabtelegraph.com\/?p=98244"},"modified":"2017-07-24T01:47:22","modified_gmt":"2017-07-23T23:47:22","slug":"98244","status":"publish","type":"post","link":"https:\/\/www.arabtelegraph.com\/?p=98244","title":{"rendered":""},"content":{"rendered":"
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Nigeria’s NNPC says cenbank supervising $231.8 mln government remittance<\/h1>\n<\/div>\n<\/div>\n
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Nigeria’s state oil company on Friday said the central bank was supervising the remittance of funds to the government totalling $231.8 million from Diamond Bank, Skye Bank and Keystone Bank.<\/strong><\/p>\n

Commercial banks collect grants, taxes, fees and tariffs on behalf of the government and then send them to a single treasury account with the central bank. Some banks have previously been accused of withholding remittances.<\/p>\n

The Nigerian National Petroleum Corporation (NNPC) said the money accrued from investments — $174.4 million with Diamond Bank, $40.7 million in Skye Bank and $16.7 million in Keystone Bank — was being remitted to a treasury account under a government policy to curb corruption.<\/p>\n

NNPC spokesman Ndu Ughamadu said the company’s announcement was made to clarify remittances related to NNPC after media reports about a court order for seven local banks to transfer a combined $793 million to the government immediately.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Nigeria’s NNPC says cenbank supervising $231.8 mln government remittance Nigeria’s state oil company on Friday said the central bank was supervising the remittance of funds to the government totalling $231.8 million from Diamond Bank, Skye Bank and Keystone Bank. Commercial banks collect grants, taxes, fees and tariffs on behalf of the government and then send …<\/p>\n","protected":false},"author":3,"featured_media":98248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-98244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-te-public"],"yoast_head":"\n- Arab Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.arabtelegraph.com\/?p=98244\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"- Arab Telegraph\" \/>\n<meta property=\"og:description\" content=\"Nigeria’s NNPC says cenbank supervising $231.8 mln government remittance Nigeria’s state oil company on Friday said the central bank was supervising the remittance of funds to the government totalling $231.8 million from Diamond Bank, Skye Bank and Keystone Bank. Commercial banks collect grants, taxes, fees and tariffs on behalf of the government and then send …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.arabtelegraph.com\/?p=98244\" \/>\n<meta property=\"og:site_name\" content=\"Arab Telegraph\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/aliarabtelegraphhttps:\/\/m.facebook.com\/ali.aed2https:\/\/www.facebook.com\/aliarabtelegraph:\/\/www.facebook.com\/https:\/\/www.google.com\/?hl=ar\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/aliarabtelegraphhttps:\/\/m.facebook.com\/ali.aed2https:\/\/www.facebook.com\/aliarabtelegraph:\/\/www.facebook.com\/https:\/\/www.google.com\/?hl=ar\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-23T23:47:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.arabtelegraph.com\/wp-content\/uploads\/2017\/07\/download-153.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"275\" \/>\n\t<meta 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